2 ms·
I'm not sure that holds up in practice post WW2. At least here in the US. As long as we're running wars or never ending wars, wealth gets redistributed from al
by mtanski 10y ago
I'm not sure that holds up in practice post WW2. At least here in the US.
As long as we're running wars or never ending wars, wealth gets redistributed from all tax payers to owners of factories building war machines or war services (defense contractors). These owners can be direct or "indirect" stock owners.
Sure the people who work in that industry get a "cut" but owners get the most and pay the lest to fund it as taxation on cap gains is lower then earned income.